LANV vs RCL: Correlation
Lanvin Group Holdings Limited (LANV) and Royal Caribbean Group (RCL) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LANV and RCL?
Across a 3-year window, the weekly returns of LANV and RCL correlate at -0.19, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.03) runs above the 3-year figure (-0.19). Stretching to 5 years gives -0.11, with an annualized covariance of -546.6 %².
By 3-year correlation, RCL places #27 of the 52 assets tracked against LANV. Their recent paths diverged sharply: over the last 12 months RCL outperformed by 31.2 percentage points (-50.5% for LANV against -19.3% for RCL). One caveat on sizing: LANV is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
LANV vs RCL: side by side
| LANV (Lanvin Group Holdings Limited) | RCL (Royal Caribbean Group) | |
|---|---|---|
| 1-year return | -50.5% | -19.3% |
| 5-year return | -89.7% | +257.6% |
| Volatility (ann.) | 69.7% | 41.3% |
| Beta vs S&P 500 | -0.15 | 1.46 |
| Max drawdown (3Y) | -78.6% | -35.0% |
| Market cap | $0.1B | $76.2B |
| P/E (trailing) | – | 17.9 |
| Dividend yield | 0.00% | 1.72% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | LANV | RCL |
|---|---|---|
| 2022 | -6.1% | -35.7% |
| 2023 | -67.7% | +162.0% |
| 2024 | -31.9% | +79.0% |
| 2025 | +0.0% | +22.5% |
| 2026 | -50.2% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LANV and RCL good diversifiers for each other?
Yes. With a correlation of -0.19, LANV and RCL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LANV and RCL?
As of 2026-08-27, the correlation of weekly returns between LANV and RCL is -0.19 over 3 years, -0.03 over 1 year and -0.11 over 5 years.
Is RCL a good diversifier for LANV?
Yes. With a correlation of -0.19, LANV and RCL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lanv-vs-rcl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lanv-vs-rcl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LANV correlations · RCL correlations
